Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  AES Corporation (The)    AES

AES CORPORATION (THE)

(AES)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

AES : Dayton Power & Light Earns EEI Emergency Recovery Award for Efforts to Restore Service in Ohio After a Tornado Outbreak

share with twitter share with LinkedIn share with facebook
share via e-mail
01/08/2020 | 03:10pm EST

The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), was presented today with the Edison Electric Institute’s (EEI’s) “Emergency Recovery Award” for its outstanding power restoration efforts after a series of tornados hit Ohio in May.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200108005811/en/

The Emergency Recovery Award is given to select EEI member companies to recognize their extraordinary efforts to restore power to customers after service disruptions caused by severe weather conditions or other natural events. The winners are chosen by a panel of judges following an international nomination process. DP&L received the award during EEI’s Winter Board and Chief Executives Meeting in Tucson, Arizona.

Beginning late in the evening on Memorial Day, a series of 15 confirmed tornados hit DP&L’s service territory resulting in 101,748 outages. Due to their tireless work, crews restored service to 100 percent of customers within 10 days after the storm, dedicating 80,000 man-hours to the recovery efforts.

“On behalf of all of our DP&L people, we are extremely honored to be recognized with EEI’s Emergency Recovery Award for our restoration efforts following the Memorial Day Tornados, which ranks as one of the top three storms for DP&L in recent history,” said Lisa Krueger, AES US SBU President. “We take great pride in serving our customers and thank the crews for their extraordinary dedication during an unprecedented weather event that people will remember for years to come. The extensive damage from the tornados presented challenging conditions with crews working round the clock to safely restore electric service to our customers and neighbors.”

“DP&L’s work to restore service safely and quickly to customers, often in dangerous conditions, makes them deserving of this award,” said EEI President Tom Kuhn. “Their efforts exemplify the high standards our industry seeks to uphold, and I applaud their commitment to their customers.”

About The Dayton Power and Light Company, and The AES Corporation

The Dayton Power and Light Company is the principal subsidiary of DPL Inc. (DPL), a regional energy provider and an AES company. DPL’s primary subsidiaries include The Dayton Power and Light Company, AES Ohio Generation, LLC (AES Ohio Gen), and Miami Valley Insurance Company (MVIC).The Dayton Power and Light Company, a regulated electric utility, provides service to over 525,000 customers in West Central Ohio; AES Ohio Gen co-owns a merchant generation facility; and MVIC, a captive insurance company, provides insurance services to DPL and its subsidiaries. For more information about the company, please visit www.dplinc.com. Connect with DP&L at www.twitter.com/dpltoday, www.linkedin.com/company/dayton-power-and-light, and at www.facebook.com/DPLToday.

The AES Corporation (NYSE: AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 14 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce is committed to operational excellence and meeting the world’s changing power needs. Our 2018 revenues were $11 billion and we own and manage $33 billion in total assets. To learn more, please visit www.aes.com. Follow AES on Twitter @TheAESCorp.

About EEI

EEI is the association that represents all U.S. investor-owned electric companies. Our members provide electricity for more than 220 million Americans, and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 65 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members.


© Business Wire 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AES CORPORATION (THE)
02/03Teck and AES Gener Announce Renewable Energy Agreement
AQ
01/30AES CORPORATION (THE) : Ex-dividend day for
FA
01/29AES ANNOUNCES FOURTH QUARTER AND FUL : 00 a.m. EST
AQ
01/28AES ANNOUNCES FOURTH QUARTER & FULL : 00 a.m. EST
BU
01/08AES : Dayton Power & Light Earns EEI Emergency Recovery Award for Efforts to Res..
BU
01/08AES : Indianapolis Power & Light Earns EEI Emergency Assistance Award for Effort..
BU
2019AES CORP : Entry into a Material Definitive Agreement, Creation of a Direct Fina..
AQ
2019INDIANAPOLIS POWER & LIGHT COMPANY : to Issue All-Source RFP to Meet Future Elec..
BU
2019AES : PUCO Partially Approves DP&L's Rate Request With Modifications
BU
2019AES CORP : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fina..
AQ
More news
Financials (USD)
Sales 2019 11 044 M
EBIT 2019 2 254 M
Net income 2019 552 M
Debt 2019 18 862 M
Yield 2019 2,67%
P/E ratio 2019 18,5x
P/E ratio 2020 13,6x
EV / Sales2019 2,96x
EV / Sales2020 2,94x
Capitalization 13 776 M
Chart AES CORPORATION (THE)
Duration : Period :
AES Corporation (The) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AES CORPORATION (THE)
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 21,30  $
Last Close Price 20,75  $
Spread / Highest target 15,7%
Spread / Average Target 2,65%
Spread / Lowest Target -6,02%
EPS Revisions
Managers
NameTitle
Andrés Ricardo Gluski Weilert President, Chief Executive Officer & Director
John B. Morse Chairman
Bernerd Raymond da Santos Ávila Chief Operating Officer & Senior Vice President
Gustavo Pimenta Chief Financial Officer & Executive Vice President
Sanjeev Addala Chief Information Digital Officer & Senior VP
Sector and Competitors
1st jan.Capitalization (M$)
AES CORPORATION (THE)4.27%13 776
NEXTERA ENERGY14.63%135 732
ENEL S.P.A.19.24%93 237
IBERDROLA21.79%78 365
DUKE ENERGY CORPORATION12.30%75 114
DOMINION ENERGY, INC.7.92%73 568